Algeria Enacts Sweeping Crypto Ban, Criminalizing All Digital Asset Activity Under New Law
Algeria has outlawed its entire cryptocurrency ecosystem with the introduction of Article 6 bis. The government claims the ban is necessary to protect the Algerian Dinar and prevent money laundering and fraud.
WeWire Acquires Treasury License in Mauritius to Scale Cross-Border Trade Tools
WeWire has secured a Mauritius Global Treasury Activities License from the Financial Services Commission. The startup is now the only African fintech offering integrated cross-border payments and trade finance tools.
Kaspersky Detects New Malware Targeting Fintech & Online Trading Platforms
Kaspersky discovered GriffithRAT, a new malware targeting fintech and online trading firms. GriffithRAT is distributed via Skype and Telegram, disguised as financial analysis files.
Cryptocurrencies Ownership is at More Than Half a Billion People in 2024
Cryptocurrency trading offers profit-making opportunities for those with a good understanding of the market and an effective trading strategy. The UAE leads the global ranking of countries with the highest acceptance of cryptocurrencies.
Nigerian-born mobility fintech Moove heads for global expansion with $100M funding led by Uber
Moove secured a $100 million Series B funding round, raising its valuation to $750 million. The company focuses on financing vehicle ownership for mobility entrepreneurs using revenue-based financing.
